Hiring of college graduates is expected to jump 16 percent in the US, though the starting salaries will see only a modest growth, says a study. About 60 percent of employers said they will keep starting pay the same as last year for the newly minted degree-holders, the survey of more than 5,700 companies revealed.
The remainder will offer salary increases of an average of a three to five percent, the findings showed.
“Pressure on employers to increase starting salaries has been minimal since the market crash in 2008,” said study author Phil Gardner from Michigan State University in the US.
More employers, however, are increasing their incentives to attract the best candidates as the job market improves, Gardner said.
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